Wipro inaugurates first all women Business & Technology Park in Saudi

Riyadh: Saudi Aramco, Princess Nourah University (PNU) and Wipro Arabia Limited, a subsidiary of Wipro Limited, today inaugurated the Kingdom of Saudi Arabia’s first all women Business & Technology Park. The project is expected to create nearly 21,000 jobs for Saudi women over a period of ten years.

The Women’s Business Park (WBP) is a result of a joint venture between Princess Nourah University (PNU), the largest women’s university in the world and Wipro Arabia. Saudi Aramco is the strategic advisor and anchor of this initiative. Dedicated to working women, this business park is a first of its kind project aimed at providing knowledge-based employment for women in the Kingdom of Saudi Arabia.

The Women’s Business Park is envisioned to be the largest Engineering Drafting Services, Business Process Services and Information Technology hub in the region for a number of industry sectors including Oil & Gas, Manufacturing, Government, Healthcare, Telecom and Construction.

The idea of the business park was conceived in September 2014 when Saudi Aramco signed a Memorandum of Understanding with PNU. Wipro joined the partnership because of its experience in managing talent and providing IT services to a multi-industry customer base. The joint venture will be responsible for developing the park’s facilities and infrastructure as well as training and employing up to 21,000 Saudi women.

Speaking about this partnership, Azim Premji, Chairman of Wipro Limited said, “Wipro has always extended support to the cause of women empowerment and it is our endeavor to foster an environment that encourages and enables more women to participate in business and tap their leadership potential. It has been more than a decade since Wipro began its operations in the Kingdom of Saudi Arabia and localization has always been an important aspect of our business strategy here. We are happy to be a partner in this initiative which strongly aligns with our values.”

Amin H. Nasser, President & CEO of Saudi Aramco said, “As a strategic consultant to the Women’s Business Park, we are happy to lend our expertise in the creation of world class facilities to empower Saudi women. This initiative is the result of a successful consortium among three respected entities.”